(Day3)Strategic Planning

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A three-year-old company has achieved excellent results through perceptive market timing and aggressive marketing. What type of strategy is the company following?
Effective organizational structure
Successful cost advantage strategy
Successful differentiation strategy
Strong corporate culture based on a shared mission
Which activity requires an HR strategy of organizational growth?
Shared services
Mergers and acquisitions
Centers of excellence
Divestitures
If an organizations competitive advantage is cost leadership, what practice is most likely to happen?
Promoting a customer service mentality to maintain rapport and customer relationships
Mass-producing product to meet general market needs
Designing a detailed market development plan
Investing a high percentage of profits in research and product development
Which term refers to a company building a new global location from the ground up?
Internal expansion
Turnkey operation
International new zone construction
Greenfield operation
An international hard discount supermarket chains competitive strategy is to provide the lowest-cost products by minimizing operational costs. Which generic competitive strategy is it using?
Differentiation
Focus
Value chain
Cost leadership
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